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Nov 8, 2012 11:00am PST
america falls off the fiscal cliff. what's that? long-term unemployment benefits and the 2% payroll tax cut expiring. a big cut in medicare payments and your taxes going up january 1 if congress doesn't act. plus, another $500 billion in cuts at the pentagon. boeing, the military's second largest supplier, already announced its second round of executive layoffs. >> nobody wants to see this fiscal cliff without a deal because the cuts are severe and the tax increases are severe. and so we've got to find a path forward. >> reporter: on capitol hill, leaders signaled compromise. >> compromise is not a dirty word. i want to work together. but i want everyone to also understand, you can't push us around. >> i'm not suggesting we compromise on our principles. but i am suggesting that we commit ourselves to creating an atmosphere where we can seek common ground where it exists. >> reporter: post-election, the same president, the same balance of power in congress and the same problem that divided a nation. tracie potts, nbc news, washington. >>> the stock markets are skittish over the fiscal cl
Nov 23, 2012 11:00am PST
eager shoppers, including the mall of america in minnesota. nbc's jay gray is there with more. >> reporter: the cheers, the chasing. >> a lot of good deals. >> pretty good experience. >> reporter: black friday is now in full swing and nowhere is it bigger than inside the more than 4 million square feet at the mall of america. >> an adventure. they come looking for the deals. they are here. we see a few. 200,000 people. >> reporter: a merchandise marathon that is run across the country and some places shoppers camping out for the best deals. >> you are saving more than half of it. it's affordable right now. even if you have to be out here to get it. >> reporter: clearly now, that wait is over. millions across the country showing up at stores in waves. >> it is shift shopping. the first shift started at midnight. they were probably gone by 2:00 in the morning. >> the second shift is much more pleasurable. i'll use that word. civil is a good word. >> reporter: civil and judging from the bags, successful for the retailers and those looking for bargains. >> mickey. we have tools. w
Nov 7, 2012 11:00am PST
recall in 2011, standard & poor's downgraded america's credit rating. that's the first time that it ever happened. it wasn't because of the deficit. this was because s&p was worried the two sides in washington wouldn't get along to do something about the deficit. and they were right. the lack of an agreement, john and marla, created this fiscal cliff which we're dealing with today. the dow industrials down better than 260 points. marla? >> we need to go from partisan to bipartisan. scott, thank you so much. >>> it did not turn out to be the long drawn-out night a lot of people expected just before 9:00 president obama was declared the projected winner. and now with a status quo election result, a major question remains. can the white house and congress finally find a middle ground? and work out a long list of major issues? nbc's brian mooar has the latest on the president's victory. >> reporter: celebrating victory, president obama reached out to republicans and urged them to work with him on some of this nation's toughest challenges. >> reducing our deficit. reforming our tax code. fixi
Nov 27, 2012 11:00am PST
don't raise rates. you cap the amounts of eitemize deductions. >> reporter: america is borrowing too much money trying to keep social security and medicare afloat. >> there will come a point in time where we can't borrow anymore money and interest rates will sky rocket. >> this congress is already one vote away from avoiding the fiscal cliff. >> reporter: and no word yet on when the next white house meeting will happen. tracie potts, nbc news, washington. >>> thank you. the governor of new york says in some ways superstorm sandy is worse than hurricane katrina. governor cuomo says sandy hit a more densely hit area. the governor says his state now needs $42 billion to recover from all that damage. $9 billion of that amount will help prepare for future storms by protecting the power grid and the cell phone network. >>> a spokesperson for the israeli army is under fire after appearing online in black face. scott mcgrew says it is a startling misstep for an organization that has been tech savvy until now. >> we were talking about how the israeli defense force was using twitter and youtub
Nov 6, 2012 11:00am PST
. decision 2012. >> i have a clear and unequivocal message. with the right leadership, america's going to come roaring back. >> let's go vote! let's keep moving forward! god bless you and god bless the united states of america. >> so the day is here. obama or romney. voters are getting to make their choice and deciding the fate of the country and state and area as you head out on this election day. >> the presidential and vice presidential candidates were casting their ballots this morning, except for president obama. he voted early a couple of weeks ago on october 25th. nbc bay area leann grey has latest. >> reporter: long lines at polling stations in battle ground states in ohio and virginia and north carolina and florida and colorado and nevada. also in hurricane-damaged areas without power, balloted are cast in tents. after a year of campaigning, canndidates voted today. romney voted in massachusetts. vice president joe biden waited at his polling station in delaware. president obama, now back in chicago, held his final campaign rally in iowa on monday night. he won't be voting today.
Nov 14, 2012 11:00am PST
think that she would be the best person to serve america in the capacity of state department, i will ynominate here. that's not a determination i've made yet. ed henry. >> i want to take chuck's lead and ask a very small follow-up, whether you feel you have a mandate not just on taxes but on a range of issues. i want to stay on benghazi. if they want to come after me, come after me, is what you said. i want to ask about the families of the four americans were killed. sean smith's father ray said he thinks his son called 911 for help and didn't get it. i know you said you grieve for these four americans but the families have been waiting for more than two months. i would like to -- for you to address the families, if you can. on 9/11 as commander in chief, did you issue any orders to try to protect their lives? >> ed, i'll address the families, not through the press. i'll address the families directly, as i already have. and we will provide all the information that is available about what happened on that day. that's what the investigation is for. but as i said repeatedly, if people d
Nov 1, 2012 11:00am PDT
you need it, too. the neighborhood assistance corporation of america is hosting its annual american dream event at san jose's convention center. this is video from last year. the five-day program pairs people with counselors and bank representatives and helps to lower their mortgage payments, interest rates and also fighting foreclosure. the services are free. one man we spoke to says he got his monthly mortgage payment reduced by $1,000. >> i went from a 6.5% interest only to a 2% fixed which made my house payment $1,700 a month. >> now, if you are interested, this event is being held at the south hall at san jose's convention center on south market street. it runs through monday night and is open 8:00 a.m. to 8:00 p.m. every day. >> what a great service. a lot of people in need out there. >>> still ahead at 11:00, just five days until the election and new jersey's governor takes some heat for his praise of president obama. how chris christie is responding to those critics. >>> the tesla electric car gets its first major honor from a magazine. we'll take a look coming up in busines
Nov 9, 2012 11:00am PST
addressed the nation about an hour ago. he spoke on how america can avoid falling off that fiscal cliff at the end of the year. >> even as we're negotiating a broader deficit reduction package, let's extend the middle class tax cuts right now. let's do that right now. that one step would give millions of families, 98% of americans, and 97% of small businesses the certainty that they need going into the new year. in fact, the senate has already passed a bill doing exactly this, so all we need is action from the house. and i've got the pen ready to sign the bill right away. i'm ready to do it. i'm ready to do it. >> house speaker john boehner also spoke today. he said this is president obama's moment and his chance to show he can lead congress to a bipartisan solution. >>> it is a flat out no comment so far from redwood city electronic arts after news one of its video games may cost one of its members s.e.a.l. team 6 team's their job. they were paid to help design those games, right? >> i'm he going to tell you right now, that's not unusual. i've met with video game designers for almost 2
Search Results 0 to 7 of about 8